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    Home»Latest News»Hochul, Adams welcome SCOTUS decision on rent regulations – Caribbean Life
    Latest News

    Hochul, Adams welcome SCOTUS decision on rent regulations – Caribbean Life

    R innissBy R innissFebruary 25, 2024No Comments3 Mins Read
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    Gov. Kathy Hochul addresses city corridor assembly.

    Workplace of Governor Kathy Hochul/Mike Groll

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    New York Gov. Kathy Hochul and New York Metropolis Mayor Eric Adams on Tuesday welcomed the choice of the Supreme Court docket of the US (SCOTUS) to not hear challenges to New York’s hire stabilization legal guidelines that impose strict guidelines on how landlords can lease some condominium models within the state.

    “I’m relieved that the Supreme Court docket has denied petitions for certiorari in three instances that threatened New York’s nation-leading hire protections,” Hochul stated. “Our hire stabilization legal guidelines, which had been first handed almost six many years in the past and reaffirmed persistently by decrease courts since, stay a few of our state’s strongest instruments to battle inequality, protect affordability, and hold New Yorkers safely housed in their very own communities.

    “As governor, I’ll proceed doing all the pieces in my energy to make sure these legal guidelines are protected,” she vowed.

    Adams stated town was “happy that the US Supreme Court docket has denied the remaining petitions difficult New York’s hire stabilization legal guidelines.

    “For 50 years, hire stabilization has stored rents inexpensive for hundreds of thousands of New Yorkers and their households,” he stated. “As we speak, tenants can breathe a sigh of aid.

    “As this administration tackles town’s affordability disaster from all angles, we stay dedicated to defending New York’s hire stabilization legal guidelines, so tenants can afford to remain of their properties and communities,” Adams added.

    In response to CNN, the pair of instances had been introduced by homeowners of condominium buildings or particular person models which are topic to the legal guidelines.

    “The challengers had requested the justices to overturn the hire regime that has ruled multiple million models within the metropolis for many years and supplied a number of the nation’s most tenant-friendly guidelines,” it stated, including that Conservative Justice Clarence Thomas stated “the excessive courtroom ought to think about the questions that had been raised on this enchantment in a future case.”

    In October final 12 months, when SCROTUS rejected a problem to town’s hire stabilization, Public Advocate Jumaane Williams stated he was “relieved” concerning the determination, stating that it was “an unconscionable effort by landlords to additional put revenue over individuals and exacerbate the housing and homelessness disaster.

    “Even with a Hire Tips Board that, below this mayoral administration, has inexplicably continued to boost rents in an affordability disaster, our hire stabilization system and the protections that include it are invaluable and indispensable,” Williams, the son of Grenadian immigrants, instructed Caribbean Life on the time.

    “With two comparable instances nonetheless pending, I stay cautious, and hope that the courtroom will reject these challenges, which might undo many years of precedent and finally power numerous New Yorkers from their properties in a metropolis that already has the best rents within the nation,” he added.



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